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Nvidia Is Buying the Library Where the Free AI Lives, for $12.9 Billion

The Information reported that Nvidia has agreed to acquire Hugging Face, the public repository where open-source AI models are published and downloaded, for $12.9 billion. Reuters, CNBC, Forbes, Fortune and Ars Technica all carried the report on August 27. The company that sells the compute open models run on would now also own the place they are distributed from.

Continue the story on unscarcity.ai:

Gateway to Intelligence: Who Owns the AI On-Ramp

Value Migration: When the Input Goes Free, Where Does the Money Go?

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